How Vuori reached a $5.5 billion valuation by taking share from Lululemon [MSNBC.com]
lululemon athletica inc. (LULU)
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Source: MSNBC.com
In this articlewatch nowVIDEO9:3709:37How Vuori is taking on Alo Yoga and LululemonBusiness NewsWhen athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men's shorts and couldn't get investors to give it the time of day.Now, the Carlsbad, California, retailer is expanding globally, backed by a string of marquee investors including General Atlantic, SoftBank and Norwest Venture Partners, after raising $825 million in November in a funding round that valued the company at $5.5 billion.It's become the envy of incumbents such asGap'sLevi's"It's a notable deal for the category it's in ... you haven't seen many deals in that market at all over the last couple of years, and the deals that have happened have been more, I'd say, challenged, or more at value-oriented situations," Matthew Tingler, a managing director in Baird's global consumer and retail investment banking group, said of the recent funding round."Vuori's bringing a lot of excitement and growth to
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- How Vuori reached a $5.5 billion valuation by taking share from Lululemon [CNBC]CNBC
- 3 Must-Know Facts About Lululemon Before Buying the Stock [Yahoo! Finance]Yahoo! Finance
- Can Lululemon Stock Reach $500 in 2025? [Yahoo! Finance]Yahoo! Finance
- Have $500? 2 Absurdly Cheap Stocks Long-Term Investors Should Buy Now [Yahoo! Finance]Yahoo! Finance
- LULULEMON INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Lululemon Athletica Inc. - LULUBusiness Wire
LULU
Earnings
- 12/5/24 - Beat
LULU
Sec Filings
- 12/19/24 - Form SCHEDULE
- 12/11/24 - Form 4
- 12/11/24 - Form 4
- LULU's page on the SEC website